On June 24, Hecla Mining fell 5.01% in regular trading, trading at $14.32/share, with turnover of $261 million.
On the news front, continued declines in gold and silver prices have dragged the precious metals sector broadly lower, with sector stocks under widespread selling pressure. Hecla Mining has already posted significant declines over multiple consecutive trading sessions. Peers including Pan American Silver, Gold Fields, Harmony Gold, and AngloGold Ashanti have declined in tandem, with AngloGold Ashanti and Gold Fields falling over 6% and Harmony Gold dropping over 5% at the open.
Within the Silver sector, First Majestic Silver fell 4.03%, Endeavour Silver fell 5.12%, Silvercorp Metals fell 3.02%, Aya Gold & Silver fell 6.62%, and New Pacific Metals fell 6.27%.
Hecla Mining, incorporated in 1891, is one of the oldest precious metals mining companies in the United States. It produces silver, gold, lead, and zinc concentrates, as well as doré, from mines in Alaska, Idaho, Canada, and Mexico. The stock currently trades at approximately 39 times earnings.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
Comments